The volatile world economy made it a challenging time to launch a luxury product, Sergei Reviakin, director of Mottra, admitted to The Grocer. And with an rsp of £68 for a 56g jar or £1,200 for a kilo, the product is not suited to credit-crunch budgeting. But Reviakin was confident its ethical credentials would stand it in good stead against the competition.
“I think that there will always be a place for luxury foods such as caviar,” he said. “What has changed is that people are becoming more discerning in their choice and will always choose the luxury product that is more sustainable and ethical. Our caviar is for those who enjoy delicacies but have a conscience.”
The Riga-based company keeps its fish in spring water sourced from 150m below the ground and then purified through a process of double filtration. This was in stark contrast to the polluted rivers and seas from which the majority of the world’s caviar was sourced, said Reviakin.
Mottra is in discussions with two major retailers with a view to securing its first listings in the UK.